Rice Lake Community Health Foundation Inc

Analysis

Rice Lake Community Health Foundation Inc is a registered charity in United States, based in Rice Lake, WI. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rice Lake Community Health Foundation Inc reported income of $360k and spending of $487k, spending 135% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $419k to $360k (-14%), an average of -4.9% a year. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rice Lake Community Health Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Pennies From Heaven Pittsburgh ($360k), Manes and Miracles ($360k) and Life Network of Southern Illinois ($360k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.